Politics

Report finds liquidity improvements at Westpac NZ


Independent report into Westpac finds improvements with liquidity risk management after gaps identified.

Westpac NZ had been in breach of RBNZ’s liquidity policy.

An independent report has found Westpac New Zealand has taken steps to improve its liquidity risk management after gaps were identified by the Reserve Bank.

In March last year, Westpac was found to be in breach of the central bank’s Liquidity Policy and told to effectively hold more cash and

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Contact the Writer: jmitchell@nbr.co.nz

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